August 1, 2019 / 2:48 PM / 4 months ago

TREASURIES-U.S. bond yields extend drop as ISM U.S. factory data disappoints

NEW YORK, Aug 1 (Reuters) - U.S. Treasury yields fell further on Thursday, with 10-year yields sagging below 2%, in the wake of an industry report that suggested domestic manufacturing growth slowed to its weakest pace in nearly three years in July.

At 10:41 a.m. (1441 GMT), the yields on benchmark 10-year Treasury notes were 11.4 basis points lower at 1.964%. They touched 1.962% earlier Thursday which was their lowest since July 5. (Reporting by Richard Leong; Editing by Bernadette Baum)

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